ARCELOR MITTAL GLOBAL FINANCE
InactiveNo longer registered with the KBO; last annual accounts for fiscal year 2010.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2010. Since then, 15 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 4 filingsPosition against the passed deadline
31-12-2011 close31-07-2012 deadline20-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2010 was due by 31-07-2011 and was filed on 11-05-2011, 81 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Financials · fiscal year 2010, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€42.01M
2009 · €-294.53M
2007: €1.85M
2008: €4.95M
2009: €-294.53M
2007 → 2010
Working capital
€32.82M▼ 99.2%
2009 · €4.28B
2007: €2.85B
2008: €2.55B
2009: €4.28B
2007 → 2010
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2007200820092010Trend
Equity€55.25M-€285.21M▲ 416%€253.08M▼ 11.3%€295.09M▲ 16.6%
Operating result€-92k-€-45k▲ 50.9%€-88k▼ 95.5%€-78k▲ 12.0%
Net result€1.85M-€4.95M▲ 168%€-294.53M€42.01M
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €78k in 2010 against €88k in 2009; the loss shrinks.
Balance-sheet composition
2010 in colour, 2009 as the grey bar beneath
Assets €299.32M
Fixed assets
€262.38M▲ 11.2%
Current assets
€36.94M▼ 99.1%
Equity and liabilities €299.32M
Equity
€295.09M▲ 16.6%
Debt
€4.23M▼ 99.9%
The debt ratio falls from 94.4% to 1.4%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
98.6%▲
2009 · 5.6%
Current ratio
8.95
Quick ratio
8.95
ROE
14.2%▲
2009 · -116.4%
ROA
14.0%▲
2009 · -6.5%
Debt
€4.23M▼
2009 · €4.30B
Debt ≤ 1 year
€4.13M▼
2009 · €38.83M
Income taxes
€7.75M▲
2009 · €6.35M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2010 against 2009
Balance sheet
Code20092010
Assets
Total assets20/58€4.55B€299.32M▼
Fixed assets21/28€236.05M€262.38M▲
Financial fixed assets28€236.05M€262.38M▲
Current assets29/58€4.31B€36.94M▼
Amounts receivable within one year40/41€1.39M€36.88M▲
Cash at bank and in hand54/58-€566
Equity and liabilities
Total equity and liabilities10/49€4.55B€299.32M▼
Equity10/15€253.08M€295.09M▲
Contributions10/11€542.56M€542.56M=
Reserves13€340k€340k=
Profit (loss) carried forward14€-289.83M€-247.81M▲
Amounts payable17/49€4.30B€4.23M▼
Amounts payable after more than one year17€4.16B-
Amounts payable within one year42/48€38.83M€4.13M▼
Trade debts44€12k€46k▲
Income statement
Code20092010
Operating profit (loss)9901€-88k€-78k▲
Recurring financial income75€317.76M€471.79M▲
Recurring financial charges65€299.45M€448.28M▲
Debt charges650€267.89M€402.64M▲
Profit (loss) for the period before taxes9903€-288.18M€49.76M▲
Income taxes67/77€6.35M€7.75M▲
Profit (loss) for the period9904€-294.53M€42.01M▲
Profit (loss) for the period to be appropriated9905€-294.53M€42.01M▲
Timeline · acts, filings and financial milestones
2011
28-06
State Gazette act
General meeting · Merger
Capital increase · Capital
28-06
State Gazette act
General meeting · Merger
Capital increase · Capital · Johan KIEBOOMS
11-05
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
2010
31-12
Financial
Back to profitnet €42.01M
Net result €42.01M after one loss-making year.
25-06
NBB filing
Annual accounts filed
fiscal year 2009 · full schema
2009
31-12
Financial
Weakest financial yearnet €-294.53M ▼6048%
Net result drops to €-294.53M, the lowest in the series.
26-05
NBB filing
Annual accounts filed
fiscal year 2008 · full schema
2008
31-12
Financial
Liquidity triplescurrent ratio 2778.54
Current ratio from 1056.89 to 2778.54; short-term debt falls from €2.70M to €919k.
31-12
Financial
Equity above €250MEq €285.21M ▲416%
2 profitable years in a row build equity to €285.21M.
14-05
NBB filing
Annual accounts filed
fiscal year 2007 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:ARCELORMITTAL BELGIUM